Actuary

Position Overview

Assists in the development, maintenance, and use of projection models and assumptions for pricing, specifically for US Individual Health products, with the ability as well to provide technical peer reviews for pricing and experience studies.

• Performs the projections required for pricing.
• Provides assistance with development of projection assumptions for pricing.
• Provides assistance with actuarial documentation of pricing projects.
• Provides technical peer review of pricing and of experience studies.
• Works to enhance the Company’s projection models and pricing processes.
• Performs ad-hoc department projects as needed and called upon.
• Maintains regular and predictable attendance.

• Bachelor’s degree or equivalent experience in Math, Finance, Actuarial Sciences, Statistics or related field
• FSA accreditation
• 7+ years of actuarial experience in life or health insurance
• Advanced PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology), spreadsheets, statistical programs and actuarial software.
• Advanced written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received by all stakeholders, including other RGA associates.
• Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, investments, accounting, systems, and administration.
• Highly advanced ability to model various insurance products and reinsurance structures.
• Highly advanced ability to perform and evaluate experience studies.
• Highly advanced project management skills. Demonstrates an ability to evaluate project objectives and scope for feasibility and understanding.
• Highly advanced analytical and problem-solving skills.
• Expert knowledge of life and health products.
• Advanced knowledge of GAAP, Statutory, and Tax valuation and financial reporting.
• Ability to multi-task and meet tight deadlines.
• Ability to balance detail with departmental goals/objectives.
• Ability to work independently and to work well within a team environment and participate in department projects.

• MAAA accreditation
• Stochastic modeling
• Working knowledge of GLM or other statistical models
• Expertise in Prophet or demonstrated ability to learn new actuarial valuation software
• Understanding of asset modeling.
• Familiarity with advanced economic-based financial reporting frameworks, such as Economic Capital and Embedded Value.
• Reinsurance industry and product knowledge (standalone long-term care, individual disability income, and/or hybrid long-term care).

$ - $ Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Join the bright and creative minds of RGA, and experience vast, endless career potential.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.